Bank of Baroda FD interest rates changed; Check what you will get now
Bank of Baroda (BoB), one of the biggest public sector banks, has revised its fixed deposits (FDs) interest rates. The public lender has announced that the new FD interest rates will be applicable from February 10, 2020.
Bank of Baroda (BoB), one of the biggest public sector banks, has revised its fixed deposits (FDs) interest rates. The public lender has announced that the new FD interest rates will be applicable from February 10, 2020. As per the new rates, the customers will get 4.50% to 6.25% interest rates on FDs maturing between 7 days and 10 years. The interest rate for FDs maturing in 7 days to 45 days has now been set at 4.50 per cent.
If you opt to park your money for 46 days to 180 days, you will get 5 per cent interest rate while the same has been set at 5.50 per cent for a period between 181 days and less than a year. For deposits maturing in one year and above 1 year to 400 days, Bank of Baroda gives an interest rate of 6 per cent. The highest interest rate is being offered for the tenure between 3 years and up to 5 years. The return for this period has been set at 6.25 per cent.
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Bank of Baroda latest FD interest rates:
7 days to 14 days 4.50%
15 days to 45 days 4.50%
46 days to 90 days 5.00%
91 days to 180 days 5.00%
181 days to 270 days 5.50%
271 days & above and less than 1 year 5.50%
1 year 6.00%
Above 1 year to 400 days 6.00%
Above 400 days and upto 2 years 6.00%
Above 2 years and upto 3 years 6.00%
Above 3 years and upto 5 years 6.25%
Above 5 years and upto 10 years 6.00%
Senior citizens will continue to get special interest rate of additional 0.50% on domestic term deposits of less than Rs 2 crore for all tenors.
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